Brief: Kropz PLC Says Kropz Elandsfontein & Arc Fund Have Agreed To A Zar 115 Mln Loan Facility

Kropz

15/12/2023 12:52

Dec 15 (Reuters) - Kropz PLC  KRPZ.L :
    * KROPZ PLC  - FURTHER LOAN FACILITY, UPDATE ON BNP PARIBAS
LOAN
    * KROPZ PLC -  KROPZ ELANDSFONTEIN AND ARC FUND HAVE AGREED
TO A
ZAR 115 MILLION LOAN FACILITY
    * KROPZ PLC -  LOAN FACILITY AGREED DUE TO DELAY IN
ARRANGING
RE-FINANCING OF BNP LOAN FACILITY (OUTSTANDING AMOUNT US$ 15
MILLION)
    * KROPZ PLC -  NOW EXPECTED THAT A REPLACEMENT LOAN FROM BNP
WILL
TAKE LONGER TO PUT IN PLACE AND IS EXPECTED TO OCCUR IN Q1 2024


 ((Reuters.Briefs@thomsonreuters.com;;))